From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3565 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Friday, August 29 2003 Volume 02 : Number 3565 In this issue: Re: [CANSLIM] ttek Re: [CANSLIM] ttek Re: [CANSLIM] ttek Re: [CANSLIM] ttek [CANSLIM] Amateur-Investors.com Re: [CANSLIM] ttek Re: [CANSLIM] Outstanding Shares Sold Short Re: [CANSLIM] ttek RE: [CANSLIM] Stock Screening with sales data Re: [CANSLIM] Outstanding Shares Sold Short RE: [CANSLIM] Outstanding Shares Sold Short RE: [CANSLIM] Outstanding Shares Sold Short ---------------------------------------------------------------------- Date: Thu, 28 Aug 2003 16:37:40 -0400 From: "Don Canfield" Subject: Re: [CANSLIM] ttek This is a multi-part message in MIME format. - ------=_NextPart_000_009B_01C36D82.B25D4960 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable This is the only message from the list I've seen all day.... Is there = something wrong??? =20 Don ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 28, 2003 4:00 PM Subject: [CANSLIM] ttek looks OK - ------=_NextPart_000_009B_01C36D82.B25D4960 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
This is the only message from the list = I've seen=20 all day.... Is there something wrong???  
 
Don
----- Original Message -----
From:=20 Vanchee1@aol.com=20
To: canslim@lists.xmission.com=
Sent: Thursday, August 28, 2003 = 4:00=20 PM
Subject: [CANSLIM] ttek

looks OK = - ------=_NextPart_000_009B_01C36D82.B25D4960-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 14:33:23 -0700 (PDT) From: Tomas Subject: Re: [CANSLIM] ttek Yea, I'm surprise myself. Been busy all day, and just got a chance to check my mail. Was expecting a little more mail. Off subject. Anyone went to the IBD meetup last night? For our meeing in Houston, there was some confusion at the beginning. The location changed, so half of the group went to the new location, and the other half stayed at the original location. Was interesting. There was not a clear leader at the beginning. Everybody was just standing there expecting an agenda, or having their own mini-discussion. But we had a broker in the group and he seem to have lots of experience. So, we nominated him. He also volunteer his workplace for the next meeting, which was fortunate since it does not seem like we have a good place to meet regularly. Barnes and Noble just is not a place for 30+ people who wants to talk about investment (no chairs, ...). tomas - --- Don Canfield wrote: > This is the only message from the list I've seen all > day.... Is there something wrong??? > > Don > ----- Original Message ----- > From: Vanchee1@aol.com > To: canslim@lists.xmission.com > Sent: Thursday, August 28, 2003 4:00 PM > Subject: [CANSLIM] ttek > > > looks OK __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 17:12:48 -0500 From: "Gene Ricci" Subject: Re: [CANSLIM] ttek This is a multi-part message in MIME format. - ------=_NextPart_000_0A02_01C36D87.9B03DCC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Was expecting a little more mail. Tomas, it's hard to type and stack shekels at the same time. Gene ----- Original Message -----=20 From: Tomas=20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 28, 2003 4:33 PM Subject: Re: [CANSLIM] ttek Yea, I'm surprise myself. Been busy all day, and just got a chance to check my mail. Was expecting a little more mail. - ------=_NextPart_000_0A02_01C36D87.9B03DCC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Was = expecting a=20 little more mail.
Tomas, it's hard to type and stack = shekels at=20 the same time.
 
Gene
----- Original Message -----
From:=20 Tomas
Sent: Thursday, August 28, 2003 = 4:33=20 PM
Subject: Re: [CANSLIM] = ttek

Yea, I'm surprise=20 myself.  Been busy all day, and just
got a chance to check my=20 mail.  Was expecting a little
more = mail.
- ------=_NextPart_000_0A02_01C36D87.9B03DCC0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 15:39:21 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] ttek Probably too close to the holiday. People getting ready to leave town. Kent - --- Don Canfield wrote: > This is the only message from the list I've seen all day.... > Is there something wrong??? > > Don > ----- Original Message ----- > From: Vanchee1@aol.com > To: canslim@lists.xmission.com > Sent: Thursday, August 28, 2003 4:00 PM > Subject: [CANSLIM] ttek > > > looks OK ===== An IDEA is a dangerous thing when it is the only one you have. __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 20:23:28 -0400 From: "Dan Forant" Subject: [CANSLIM] Amateur-Investors.com This is a multi-part message in MIME format. - ------=_NextPart_000_0039_01C36DA2.3DFE4770 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Anyone using Amateur-Investor.com? - ------=_NextPart_000_0039_01C36DA2.3DFE4770 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Anyone using Amateur-Investor.com?
 
- ------=_NextPart_000_0039_01C36DA2.3DFE4770-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 19:03:52 -0700 (PDT) From: Tomas Subject: Re: [CANSLIM] ttek Gene, "stack shekels at the same time"? Not sure what you mean. tomas - --- Gene Ricci wrote: > Was expecting a little more mail. > > Tomas, it's hard to type and stack shekels at the > same time. > > Gene > ----- Original Message ----- > From: Tomas > To: canslim@lists.xmission.com > Sent: Thursday, August 28, 2003 4:33 PM > Subject: Re: [CANSLIM] ttek > > > Yea, I'm surprise myself. Been busy all day, and > just > got a chance to check my mail. Was expecting a > little > more mail. > __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 19:07:54 -0700 (PDT) From: Tomas Subject: Re: [CANSLIM] Outstanding Shares Sold Short Good question Kelly. I have the same question in mind. Anyone have any inputs? tomas - --- Kelly Short wrote: > All, > > I read an article today regarding the number of > outstanding shares sold short for NetFlix (NFLX). > Though it's not really a CANSLIM candidate, I think > the concept should be an important one to CANSLIM > investors.... that is, how does one check the number > of shares sold short on a particular stock, can you > compare this number to other similar stocks, and > does anyone use this information in their due > diligence when selecting a CANSLIM purchase? > > Article: > http://www.fool.co.uk/stockideas/2003/si030826.htm?logvisit=y&source=estmarhln001999&npu=y > > Thanks, > > Kelly > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 22:18:26 -0400 From: "Don Canfield" Subject: Re: [CANSLIM] ttek This is a multi-part message in MIME format. - ------=_NextPart_000_0010_01C36DB2.4D61B0C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable But, can you walk and chew gum at the same time? Or, can you rub your = head and pat your tummy at the same time? Those are real, marketable = skills....=20 Don (look out, if you laugh those stacks of shekels may tumble)... ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 28, 2003 6:12 PM Subject: Re: [CANSLIM] ttek Was expecting a little more mail. Tomas, it's hard to type and stack shekels at the same time. Gene ----- Original Message -----=20 From: Tomas=20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 28, 2003 4:33 PM Subject: Re: [CANSLIM] ttek Yea, I'm surprise myself. Been busy all day, and just got a chance to check my mail. Was expecting a little more mail. - ------=_NextPart_000_0010_01C36DB2.4D61B0C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
But, can you walk and chew gum at the = same=20 time?   Or, can you rub your head and pat your tummy at the = same=20 time?   Those are real, marketable skills....
 
Don (look out, if you laugh those = stacks of shekels=20 may tumble)...
----- Original Message -----
From:=20 Gene = Ricci
Sent: Thursday, August 28, 2003 = 6:12=20 PM
Subject: Re: [CANSLIM] = ttek

Was = expecting a=20 little more mail.
Tomas, it's hard to type and stack = shekels at=20 the same time.
 
Gene
----- Original Message -----
From:=20 Tomas=20
Sent: Thursday, August 28, = 2003 4:33=20 PM
Subject: Re: [CANSLIM] = ttek

Yea, I'm surprise = myself.  Been busy all day, and just
got a chance to check = my=20 mail.  Was expecting a little
more=20 mail.
- ------=_NextPart_000_0010_01C36DB2.4D61B0C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 28 Aug 2003 22:52:11 -0700 From: "Harold Josephson" Subject: RE: [CANSLIM] Stock Screening with sales data Not free like Multex, but a tad easier to use, the Premium Screener available at http://www.investors.com or http://www.dailygraphs.com/ It's the same screener for the same price available from these two = WON-owned services Good luck Harold Josephson - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Yien T Lung Sent: Wednesday, August 27, 2003 1:12 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Stock Screening with sales data Kevin, have you tried multexinvestor.com? On Wed, 27 Aug 2003, Krueger, Kevin wrote: > Can anyone refer me to a stock screener that has sales data. MSN stock screener and others have earnings and revenue, but I'm looking to screen = for % change in sales quarterly and yearly. > > Thanks, > Kevin > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 29 Aug 2003 06:21:43 -0700 (PDT) From: D B Subject: Re: [CANSLIM] Outstanding Shares Sold Short - --0-1512162845-1062163303=:69496 Content-Type: text/plain; charset=us-ascii Hi All, Good point on short interest. You can get the data in Yahoo! Fn by looking at the company profiles. I'm not sure where you can go to compare all stocks on this variable. I don't think short interest has too much effect in CANLSIM candidates. I know recently CNTE has moved higher with a large % of shares held short, I would bet that in most cases a sqeeze will occur. This happened to KKD a couple of years ago. Dan Tomas wrote: Good question Kelly. I have the same question in mind. Anyone have any inputs? tomas - --- Kelly Short wrote: > All, > > I read an article today regarding the number of > outstanding shares sold short for NetFlix (NFLX). > Though it's not really a CANSLIM candidate, I think > the concept should be an important one to CANSLIM > investors.... that is, how does one check the number > of shares sold short on a particular stock, can you > compare this number to other similar stocks, and > does anyone use this information in their due > diligence when selecting a CANSLIM purchase? > > Article: > http://www.fool.co.uk/stockideas/2003/si030826.htm?logvisit=y&source=estmarhln001999&npu=y > > Thanks, > > Kelly > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - --------------------------------- Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software - --0-1512162845-1062163303=:69496 Content-Type: text/html; charset=us-ascii
Hi All,
 
Good point on short interest. You can get the data in Yahoo! Fn by looking at the company profiles. I'm not sure where you can go to compare all stocks on this variable.
 
I don't think short interest has too much effect in CANLSIM candidates. I know recently CNTE has moved higher with a large % of shares held short, I would bet that in most cases a sqeeze will occur. This happened to KKD a couple of years ago.
 
Dan

Tomas <tomas986@yahoo.com> wrote:
Good question Kelly. I have the same question in
mind.

Anyone have any inputs?

tomas

--- Kelly Short wrote:
> All,
>
> I read an article today regarding the number of
> outstanding shares sold short for NetFlix (NFLX).
> Though it's not really a CANSLIM candidate, I think
> the concept should be an important one to CANSLIM
> investors.... that is, how does one check the number
> of shares sold short on a particular stock, can you
> compare this number to other similar stocks, and
> does anyone use this information in their due
> diligence when selecting a CANSLIM purchase?
>
> Article:
>
http://www.fool.co.uk/stockideas/2003/si030826.htm?logvisit=y&source=estmarhln001999&npu=y
>
> Thanks,
>
> Kelly
>
> -
> -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your
email.


__________________________________
Do you Yahoo!?
Yahoo! SiteBuilder - Free, easy-to-use web site design software
http://sitebuilder.yahoo.com

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.

Do you Yahoo!?
Yahoo! SiteBuilder - Free, easy-to-use web site design software - --0-1512162845-1062163303=:69496-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 29 Aug 2003 09:38:23 -0500 From: "Krueger, Kevin" Subject: RE: [CANSLIM] Outstanding Shares Sold Short This is a multi-part message in MIME format. - ------_=_NextPart_001_01C36E3B.33560BA6 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Here is an except from a little section called "Floor Talk" on = Briefing.com regarding short squeezes in action. =20 " . . . Spoke to one trader this morning who was giddy over all the = money he's made this year, but couldn't tear himself away from the = market before participating in just a couple more short-squeezes. As = we've been noting all week, when the big boys are away daytraders have = free reign in the marketplace. This is why we have seen the action = dominated by small-caps and mid-cap momentum names with high = short-interest. Today's mid-cap short-squeeze stocks include (UOPX = +4.76, MIK +3.90, CELL +2.75, APPX +2.25, GTRC +1.72, NTES +1.33)... " =20 Happy Holidays, Kevin - -----Original Message----- From: D B [mailto:marketshark7@yahoo.com] Sent: Friday, August 29, 2003 8:22 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Outstanding Shares Sold Short Hi All, =20 Good point on short interest. You can get the data in Yahoo! Fn by = looking at the company profiles. I'm not sure where you can go to = compare all stocks on this variable. =20 I don't think short interest has too much effect in CANLSIM candidates. = I know recently CNTE has moved higher with a large % of shares held = short, I would bet that in most cases a sqeeze will occur. This happened = to KKD a couple of years ago. =20 Dan Tomas wrote: Good question Kelly. I have the same question in mind. Anyone have any inputs? tomas - --- Kelly Short wrote: > All, >=20 > I read an article today regarding the number of > outstanding shares sold short for NetFlix (NFLX). > Though it's not really a CANSLIM candidate, I think > the concept should be an important one to CANSLIM > investors.... that is, how does one check the number > of shares sold short on a particular stock, can you > compare this number to other similar stocks, and > does anyone use this information in their due > diligence when selecting a CANSLIM purchase? >=20 > Article: > http://www.fool.co.uk/stockideas/2003/si030826.htm?logvisit=3Dy&source=3D= estmarhln001999&npu=3Dy >=20 > Thanks, >=20 > Kelly >=20 > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. _____ =20 Do you Yahoo!? Yahoo! = = SiteBuilder - Free, easy-to-use web site design software - ------_=_NextPart_001_01C36E3B.33560BA6 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Here=20 is an except from a little section called "Floor Talk" on Briefing.com = regarding=20 short squeezes in action.
 
" . .=20 . Spoke=20 to one trader this morning who was giddy over all the money he's made = this year,=20 but couldn't tear himself away from the market before participating in = just a=20 couple more short-squeezes. As we've been noting all week, when the big = boys are=20 away daytraders have free reign in the marketplace. This is why we have = seen the=20 action dominated by small-caps and mid-cap momentum names with high=20 short-interest. Today's mid-cap short-squeeze stocks include (UOPX = +4.76, MIK=20 +3.90, CELL +2.75, APPX +2.25, GTRC +1.72, NTES +1.33)...=20 "
 
Happy=20 Holidays,
Kevin
-----Original Message-----
From: D B=20 [mailto:marketshark7@yahoo.com]
Sent: Friday, August 29, = 2003 8:22=20 AM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 Outstanding Shares Sold Short

Hi All,
 
Good point on short interest. You can get the data in Yahoo! Fn = by=20 looking at the company profiles. I'm not sure where you can go to = compare all=20 stocks on this variable.
 
I don't think short interest has too much effect in CANLSIM = candidates. I=20 know recently CNTE has moved higher with a large % of shares held = short, I=20 would bet that in most cases a sqeeze will occur. This happened to KKD = a=20 couple of years ago.
 
Dan

Tomas <tomas986@yahoo.com> = wrote:
Good=20 question Kelly. I have the same question in
mind.

Anyone = have any=20 inputs?

tomas

--- Kelly Short=20 wrote:
> All,
>
> I = read an=20 article today regarding the number of
> outstanding shares = sold short=20 for NetFlix (NFLX).
> Though it's not really a CANSLIM = candidate, I=20 think
> the concept should be an important one to = CANSLIM
>=20 investors.... that is, how does one check the number
> of = shares sold=20 short on a particular stock, can you
> compare this number to = other=20 similar stocks, and
> does anyone use this information in = their=20 due
> diligence when selecting a CANSLIM purchase?
> =
>=20 = Article:
>
http://www.fool.co.uk/stockideas/2003/si030826.htm?lo= gvisit=3Dy&source=3Destmarhln001999&npu=3Dy
>=20
> Thanks,
>
> Kelly
>
> -
> = - -To=20 subscribe/unsubscribe, email
> = "majordomo@xmission.com"
> -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe = canslim".=20 Do not use quotes in=20 your
email.


__________________________________
Do = you=20 Yahoo!?
Yahoo! SiteBuilder - Free, easy-to-use web site design=20 software
http://sitebuilder.yahoo.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In the = email body,=20 write "subscribe canslim" or
-"unsubscribe canslim". Do not use = quotes in=20 your email.

Do you Yahoo!?
Yahoo!=20 SiteBuilder - Free, easy-to-use web site design=20 software
- ------_=_NextPart_001_01C36E3B.33560BA6-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 29 Aug 2003 09:48:28 -0500 From: "Kelly Short" Subject: RE: [CANSLIM] Outstanding Shares Sold Short This is a multi-part message in MIME format. - ------_=_NextPart_001_01C36E3C.9B9B2017 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Good explanation of the short-squeeze effect on NFLX from Motley Fool = today: =20 What's Lifting Netflix? On no news, shares of online DVD-rental operation Netflix (Nasdaq: NFLX) = have soared 33% = from $25 to $33 in the last eight trading days, hitting new highs along = the way. Volume jumped to more than double the average some days, with 2 = million shares trading hands. The stock market has been weak over the same period, so why the ascent? First, a strange rumor was floated that Wal-Mart (NYSE: WMT) = would make a buyout = offer for Netflix, a notion so unlikely that investors should not = seriously consider it. Netflix wants to remain independent and Wal-Mart = has little cause to purchase it -- despite Netflix's 1.1 million = subscribers outgunning Wal-Mart's fledgling competing service. Just the same, the crazy rumor may have helped the stock start to move, = but the ultimate rocket fuel pushing it upward is probably short = covering -- a bona fide "short squeeze." As of August 8, nearly 8.3 = million shares of Netflix were sold short = (meaning = borrowed from a broker and sold in hopes of a price decline). This means = that 50% of the company's available shares were sold by short sellers = and need to be repurchased, creating eventual buying pressure. As of July, the short interest on Netflix was even higher, so already = some buying from capitulating short sellers has helped the stock move = upward. Plenty of potential buying pressure remains. The amount of short = interest on the stock equates to 12.12 days of Netflix's average daily = trading volume -- high enough to place it seventh on the market's list = of most heavily shorted stocks as a ratio to average daily volume = . This means that should good news arrive, or if momentum keeps pressing = the stock to new highs, many more short sellers might start closing = their positions and the stock could see many more days of = higher-than-average volume and buying pressure.=20 Peer TiVo (Nasdaq: TIVO) = has 34% of its = float (available shares) sold short, but that equates to just five days = of average trading volume. - -----Original Message----- From: Krueger, Kevin [mailto:Kevin.Krueger@cardinal.com] Sent: Friday, August 29, 2003 9:38 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Outstanding Shares Sold Short Here is an except from a little section called "Floor Talk" on = Briefing.com regarding short squeezes in action. =20 " . . . Spoke to one trader this morning who was giddy over all the = money he's made this year, but couldn't tear himself away from the = market before participating in just a couple more short-squeezes. As = we've been noting all week, when the big boys are away daytraders have = free reign in the marketplace. This is why we have seen the action = dominated by small-caps and mid-cap momentum names with high = short-interest. Today's mid-cap short-squeeze stocks include (UOPX = +4.76, MIK +3.90, CELL +2.75, APPX +2.25, GTRC +1.72, NTES +1.33)... " =20 Happy Holidays, Kevin - -----Original Message----- From: D B [mailto:marketshark7@yahoo.com] Sent: Friday, August 29, 2003 8:22 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Outstanding Shares Sold Short Hi All, =20 Good point on short interest. You can get the data in Yahoo! Fn by = looking at the company profiles. I'm not sure where you can go to = compare all stocks on this variable. =20 I don't think short interest has too much effect in CANLSIM candidates. = I know recently CNTE has moved higher with a large % of shares held = short, I would bet that in most cases a sqeeze will occur. This happened = to KKD a couple of years ago. =20 Dan Tomas wrote: Good question Kelly. I have the same question in mind. Anyone have any inputs? tomas - --- Kelly Short wrote: > All, >=20 > I read an article today regarding the number of > outstanding shares sold short for NetFlix (NFLX). > Though it's not really a CANSLIM candidate, I think > the concept should be an important one to CANSLIM > investors.... that is, how does one check the number > of shares sold short on a particular stock, can you > compare this number to other similar stocks, and > does anyone use this information in their due > diligence when selecting a CANSLIM purchase? >=20 > Article: > http://www.fool.co.uk/stockideas/2003/si030826.htm?logvisit=3Dy&source=3D= estmarhln001999&npu=3Dy >=20 > Thanks, >=20 > Kelly >=20 > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. _____ =20 Do you Yahoo!? Yahoo! = = SiteBuilder - Free, easy-to-use web site design software - ------_=_NextPart_001_01C36E3C.9B9B2017 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Good=20 explanation of the short-squeeze effect on NFLX from Motley Fool=20 today:
 

What's Lifting Netflix?

On no news, shares of online DVD-rental=20 operation Netflix (Nasdaq: = NFLX) have=20 soared 33% from $25 to $33 in the last eight trading days, hitting = new=20 highs along the way. Volume jumped to more than double the average some = days,=20 with 2 million shares trading hands.

The stock market has been weak over the same period, so = why the=20 ascent?

First, a strange rumor was floated that Wal-Mart (NYSE: = WMT) would make=20 a buyout offer for Netflix, a notion so unlikely = that investors=20 should not seriously consider it. Netflix wants to remain = independent=20 and Wal-Mart has little cause to purchase=20 it -- despite Netflix's 1.1 million=20 subscribers outgunning Wal-Mart's fledgling competing service.

Just the same, the crazy rumor may have helped the stock start = to move,=20 but the ultimate rocket fuel pushing it upward is probably = short=20 covering -- a bona fide "short squeeze." As of August 8, nearly 8.3 = million=20 shares of Netflix were sold= short=20 (meaning borrowed from a broker and sold in hopes of a price decline). = This=20 means that 50% of the company's available shares were sold by = short=20 sellers and need to be repurchased, creating eventual buying = pressure.

As of July, the short interest on = Netflix was even higher, so=20 already some buying from capitulating short sellers has helped the stock = move=20 upward. Plenty of potential buying pressure remains. The amount of = short=20 interest on the stock equates to 12.12 days of Netflix's average = daily=20 trading volume -- high enough to place it seventh on the = market's list=20 of most heavily shorted stocks as a ratio to average daily volume.

This means that should good news arrive, or if momentum keeps = pressing=20 the stock to new highs, many more short = sellers might start=20 closing their positions and the stock could see many more = days of=20 higher-than-average volume and buying pressure. 

Peer TiVo (Nasdaq: = TIVO) has=20 34% of its float (available shares) sold short, but that equates to = just five days of average trading volume.

-----Original Message-----
From: Krueger, Kevin=20 [mailto:Kevin.Krueger@cardinal.com]
Sent: Friday, August 29, = 2003=20 9:38 AM
To: canslim@lists.xmission.com
Subject: = RE:=20 [CANSLIM] Outstanding Shares Sold Short

Here=20 is an except from a little section called "Floor Talk" on Briefing.com = regarding short squeezes in action.
 
" .=20 . .=20 Spoke to one trader this morning who was giddy over all the money he's = made=20 this year, but couldn't tear himself away from the market before = participating=20 in just a couple more short-squeezes. As we've been noting all week, = when the=20 big boys are away daytraders have free reign in the marketplace. This = is why=20 we have seen the action dominated by small-caps and mid-cap momentum = names=20 with high short-interest. Today's mid-cap short-squeeze stocks include = (UOPX=20 +4.76, MIK +3.90, CELL +2.75, APPX +2.25, GTRC +1.72, NTES +1.33)...=20 "
 
Happy Holidays,
Kevin
-----Original Message-----
From: D B=20 [mailto:marketshark7@yahoo.com]
Sent: Friday, August 29, = 2003 8:22=20 AM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 Outstanding Shares Sold Short

Hi All,
 
Good point on short interest. You can get the data in Yahoo! Fn = by=20 looking at the company profiles. I'm not sure where you can go to = compare=20 all stocks on this variable.
 
I don't think short interest has too much effect in CANLSIM = candidates.=20 I know recently CNTE has moved higher with a large % of shares held = short, I=20 would bet that in most cases a sqeeze will occur. This happened to = KKD a=20 couple of years ago.
 
Dan

Tomas <tomas986@yahoo.com> = wrote:
Good=20 question Kelly. I have the same question in
mind.

Anyone = have=20 any inputs?

tomas

--- Kelly Short=20 wrote:
> All,
>
> = I read=20 an article today regarding the number of
> outstanding = shares sold=20 short for NetFlix (NFLX).
> Though it's not really a CANSLIM = candidate, I think
> the concept should be an important one = to=20 CANSLIM
> investors.... that is, how does one check the=20 number
> of shares sold short on a particular stock, can = you
>=20 compare this number to other similar stocks, and
> does = anyone use=20 this information in their due
> diligence when selecting a = CANSLIM=20 purchase?
>
>=20 = Article:
>
http://www.fool.co.uk/stockideas/2003/si030826.htm?lo= gvisit=3Dy&source=3Destmarhln001999&npu=3Dy
>=20
> Thanks,
>
> Kelly
>
> -
> = - -To=20 subscribe/unsubscribe, email
> = "majordomo@xmission.com"
> -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe = canslim". Do not use quotes in=20 your
email.


__________________________________
Do = you=20 Yahoo!?
Yahoo! SiteBuilder - Free, easy-to-use web site design=20 software
http://sitebuilder.yahoo.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In the = email=20 body, write "subscribe canslim" or
-"unsubscribe canslim". Do = not use=20 quotes in your email.

Do you Yahoo!?
Yahoo!=20 SiteBuilder - Free, easy-to-use web site design=20 software
- ------_=_NextPart_001_01C36E3C.9B9B2017-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #3565 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.